Dave Reichert: “Friday marked 6 months since the tax reform bill was signed into law. Since that time, we have seen increased paychecks…”

“Friday marked 6 months since the tax reform bill was signed into law. Since that time, we have seen increased paychecks, greater investment, and new job opportunities across the country. My colleagues and I on the House Ways and Means Committee talked about how best to overhaul our Tax Code. Our goal was always the same: to get our economy booming again. In Washington State, where I am from, we are already seeing this boom and the positive impacts of tax reform: employee bonuses, savings on utilities, increased wages, and 401(k) matches. They are people like a young woman in Seattle, for example, who was able to afford a new car, thanks to some extra money in her paycheck each month; or, the mother from Woodinville, Washington, who has been helping her son, daughter-in-law, and grandchild make ends meet while they were living paycheck to paycheck. With tax reform, her son is now taking home more money, which helps them provide for their family much easier. Tax reform is not only resulting in more take-home pay, but it is making a difference in the workplace, too. Companies are creating new retail and manufacturing jobs and increasing wages and benefits. The Boeing Company is increasing investments in workforce development, facilities and infrastructure improvements for employees, and charitable giving. But it is not just the employees of big companies who are seeing the benefits.…”